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Article: United Kingdom: NTG Clarity Networks Inc. Announces Year End 2008 Results.(Financial report)
- Article from:
- TendersInfo
- Article date:
- April 18, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayc03
NTG Clarity Networks Inc., a world leader in the telecommunications OSS market, today reported its 2008 year end results for the fiscal year ended December 31, 2008 (all figures in Canadian Dollars).
The Company reported revenues of $5,485,169 for 2008, a decrease from $6,277,197 for the same period last year. The net income increased to $539,418 in 2008 compared to a net income of $90,958 for the comparable period last year.
"We have reduced overhead and focused the business on delivery of our world leading OSS product and associated consulting services and training. During 2008, we implemented an aggressive marketing program ...